[165 Pages Report] The ground support equipment market is expected to grow from USD 14.16 Billion in 2017 to USD 24.69 Billion by 2022, at a CAGR of 11.76% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

The report provides in-depth market intelligence regarding the ground support equipment market and major factors, including drivers, restraints, opportunities, and challenges that may influence the growth of the market. It also provides an analysis of micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall market.

The report also covers competitive developments such as long-term contracts, new product launches and developments, and research & development activities in the ground support equipment market, in addition to business and corporate strategies adopted by key market players.

Research Methodology:

Market size estimation for various segments and subsegments of the ground support equipment market was arrived at by referring to varied secondary sources, such as Hoovers, Bloomberg Businessweek, Factiva, annual reports, and publications, among others. Furthermore, market triangulation was performed with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data was consolidated with detailed inputs and analysis from MarketsandMarkets, and presented in this report.

The ground support equipment market is projected to grow from USD 14.16 Billion in 2017 to USD 24.69 Billion by 2022, at a CAGR of 11.76% during the forecast period. This growth can be attributed to the increasing demand for electric and hybrid ground support equipment to cater the increasing air passenger and freight traffic, increase in warehouse operations at airports, and increasing number of airport expansions and development projects.

The ground support equipment market has been segmented based on type, application, end use, component, and region. Based on type, the market has been segmented into electric, non-electric, and hybrid ground support equipment. The electric ground support equipment segment is projected to grow at the highest CAGR from 2017 to 2022, owing to the high demand for clean, green, and energy efficient ground support equipment technologies.

Based on application, the ground support equipment market has been segmented into passenger service, commercial cargo service, commercial aircraft service, military cargo service, and military aircraft service. The commercial cargo service segment is projected to grow at the highest CAGR from 2017 to 2022. This growth is mainly attributed to the increase in investments in airport infrastructure in the region, which is expected to drive the demand for such equipment.

Based on region, the ground support equipment market has been segmented into North America, Europe, Asia-Pacific, Middle East, and Rest of the World (RoW). North America is projected to lead the aircraft brake system market during the forecast period. The aircraft brake system market in Asia Pacific is anticipated to witness significant growth, owing to the high investments in airport infrastructure and the growing demand for ground support equipment to cater the increasing passenger and freight cargo traffic.

Maintenance and replacement of ground support equipment act as a key challenge to the growth of the ground support equipment market.

Products offered by various companies in the ground support equipment market have been listed in the report. The recent developments section of the report includes recent and key developments made by various companies between 2013 and 2017. Major companies profiled in the report include JBT Corporation (US), Teleflex Lionel-Dupont (TLD) Group (France), Tug Technologies Corporation (US), Tronair Inc. (US), and AMSS GSE (UK), among others. Contracts and agreement were the key growth strategies adopted by leading players in the ground support equipment market. These strategies have enabled companies to strengthen their market share in the ground support equipment market.

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11 Regional Analysis (Page No. - 73) 11.1 Introduction 11.2 North America 11.2.1 By Type 11.2.2 By End Use 11.2.3 By Application 11.2.3.1 By Passenger Service 11.2.3.2 By Commercial Cargo Service 11.2.3.3 By Commercial Aircraft Service 11.2.3.4 By Military Cargo Service 11.2.3.5 By Military Aircraft Service 11.2.4 By Country 11.2.4.1 U.S. 11.2.4.1.1 By Type 11.2.4.1.2 By Application 11.2.4.2 Canada 11.2.4.2.1 By Type 11.2.4.2.2 By Application 11.3 Europe 11.3.1 By Type 11.3.2 By End Use 11.3.3 By Application 11.3.3.1 By Passenger Service 11.3.3.2 By Commercial Cargo Service 11.3.3.3 By Commercial Aircraft Service 11.3.3.4 By Military Cargo Service 11.3.3.5 By Military Aircraft Service 11.3.4 By Country 11.3.4.1 U.K. 11.3.4.1.1 By Type 11.3.4.1.2 By Application 11.3.4.2 Germany 11.3.4.2.1 By Type 11.3.4.2.2 By Application 11.3.4.3 France 11.3.4.3.1 By Type 11.3.4.3.2 By Application 11.3.4.4 Russia 11.3.4.4.1 By Type 11.3.4.4.2 By Application 11.3.4.5 Rest of Europe 11.3.4.5.1 By Type 11.3.4.5.2 By Application 11.4 Asia Pacific 11.4.1 By Type 11.4.2 By End Use 11.4.3 By Application 11.4.3.1 By Passenger Service 11.4.3.2 By Commercial Cargo Service 11.4.3.3 By Commercial Aircraft Service 11.4.3.4 By Military Cargo Service 11.4.3.5 By Military Aircraft Service 11.4.4 By Country 11.4.4.1 China 11.4.4.1.1 By Type 11.4.4.1.2 By Application 11.4.4.2 India 11.4.4.2.1 By Type 11.4.4.2.2 By Application 11.4.4.3 Australia 11.4.4.3.1 By Type 11.4.4.3.2 By Application 11.4.4.4 Japan 11.4.4.4.1 By Type 11.4.4.4.2 By Application 11.4.4.5 Rest of Asia Pacific 11.4.4.5.1 By Type 11.4.4.5.2 By Application 11.5 Middle East 11.5.1 By Type 11.5.2 By End Use 11.5.3 By Application 11.5.3.1 By Passenger Service 11.5.3.2 By Commercial Cargo Service 11.5.3.3 By Commercial Aircraft Service 11.5.3.4 By Military Cargo Service 11.5.3.5 By Military Aircraft Service 11.5.4 By Country 11.5.4.1 UAE 11.5.4.1.1 By Type 11.5.4.1.2 By Application 11.5.4.2 Saudi Arabia 11.5.4.2.1 By Type 11.5.4.2.2 By Application 11.6 Rest of the World 11.6.1 By Type 11.6.2 By End Use 11.6.3 By Application 11.6.3.1 By Passenger Service 11.6.3.2 By Commercial Cargo Service 11.6.3.3 By Commercial Aircraft Service 11.6.3.4 By Military Cargo Service 11.6.3.5 By Military Aircraft Service 11.6.4 By Country 11.6.4.1 Brazil 11.6.4.1.1 By Type 11.6.4.1.2 By Application 11.6.4.2 South Africa 11.6.4.2.1 By Type 11.6.4.2.2 By Application